Kazakhstan and Russia
Russia reported a 30-40% reduction in oil flows through the Caspian Pipeline Consortium (CPC) after a Ukrainian drone attack on a pumping station. CPC is a $2.6 billion project with a 935-mile pipeline connecting Tengiz oil field (Kazakhstan) to Novorossiysk (Russia). Construction began in 1999, commissioned in 2001, and expanded by $5.1 billion in 2018. It is a key East-West pipeline carrying two-thirds of Kazakhstan’s oil exports.
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